Market Overview:
The global 2-phenoxyethanol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for 2-phenoxyethanol from cosmetics and pharmaceuticals applications. Additionally, rising awareness about the benefits of 2-phenoxyethanol is also contributing to its growth in the market. On the basis of type, the global 2-phenoxyethanol market can be segmented into cosmetic grade and pharmaceutical grade.
Product Definition:
2-Phenoxyethanol is a glycol ether that is used as a solvent and preservative in cosmetics, pharmaceuticals, and other products. It is also used as an antifreeze agent.
Cosmetic Grade:
Cosmetic grade 2-phenoxyethanol is a colorless liquid with a mild pleasant odor. It is used as an intermediate in the production of cosmetics and fragrances. The product has applications in various personal care products such as shampoos, conditioners, hair sprays, perfumes and make-up products. It also finds application in niche segments such as pharmaceuticals & fine chemicals and textile industries.
Pharmaceutical Grade:
Pharmaceutical grade is used in the production of 2-Phenoxyethanol. It is a colorless liquid with a slight odor. The product has high purity and low impurities as compared to chemical industry standard, which makes it suitable for use in pharmaceuticals.
2-Phenoxyethanol (PE) is an organic compound that consists of two carbon atoms bonded together along with an oxygen molecule attached to one side.
Application Insights:
2-Phenoxyethanol is used in several applications including cosmetics, pharmaceuticals and others. The cosmetics segment accounted for the largest revenue share of over 70% in 2017. 2-Phenoxyethanol is extensively used as a preservative in cosmetic formulations worldwide due to its broad spectrum antimicrobial activity against various microorganisms, such as fungi, bacteria and viruses. In addition, it also has excellent antioxidant properties which help prevent skin damage caused by free radicals present during the aging process. This factor is expected to drive demand from the cosmetics industry over the forecast period.
The product plays an important role as a solvent for several compounds that are later utilized in drug formulations or are transformed into other chemical compounds using epoxides or esters as functional groups respectively attached at their ends (C8 position).
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand from various end-use industries, such as personal care and cosmetics, pharmaceuticals, others. The region is expected to maintain its dominance over the forecast period due to increasing consumer awareness regarding health and well-being coupled with a rise in disposable income.
Asia Pacific is projected to be one of the fastest growing regions during the forecast years on account of rapid industrialization along with rising population in countries like China and India. Furthermore, government initiatives encouraging FDI are likely to contribute toward growth over this period. In addition, low manufacturing cost coupled with easy availability of land will propel industry participants towards setting up their production facilities in APAC which will drive product consumption further.
Europe also accounted for a significant share owing to high demand from end-use industries across Germany; France; Italy; U K.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and agrochemicals
- Rising awareness about the benefits of 2-phenoxyethanol among consumers
- Growing investment in research and development activities for new applications of 2-phenoxyethanol
- Expansion of manufacturing capacities by key players in the market
- Emergence of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
2-Phenoxyethanol Market Research Report
By Type
Cosmetic Grade, Pharmaceutical Grade
By Application
Cosmetics, Pharmaceuticals, Others
By Companies
BASF, DOW, Ashland, Clariant, Lanxess, Schulke & Mayr GmbH, Zhejiang Sheng Xiao Chemicals, BASF
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global 2-Phenoxyethanol Market Report Segments:
The global 2-Phenoxyethanol market is segmented on the basis of:
Types
Cosmetic Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cosmetics, Pharmaceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- DOW
- Ashland
- Clariant
- Lanxess
- Schulke & Mayr GmbH
- Zhejiang Sheng Xiao Chemicals
- BASF
Highlights of The 2-Phenoxyethanol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cosmetic Grade
- Pharmaceutical Grade
- By Application:
- Cosmetics
- Pharmaceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 2-Phenoxyethanol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
2-Phenoxyethanol is a chemical compound with the molecular formula C6H5O2. It is a clear, colorless liquid that has a sweet odor. 2-Phenoxyethanol is used as an industrial solvent and in the production of plastics and other materials.
Some of the major companies in the 2-phenoxyethanol market are BASF, DOW, Ashland, Clariant, Lanxess, Schulke & Mayr GmbH, Zhejiang Sheng Xiao Chemicals, BASF.
The 2-phenoxyethanol market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2-Phenoxyethanol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 2-Phenoxyethanol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 2-Phenoxyethanol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 2-Phenoxyethanol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 2-Phenoxyethanol Market Size & Forecast, 2018-2028
4.5.1 2-Phenoxyethanol Market Size and Y-o-Y Growth
4.5.2 2-Phenoxyethanol Market Absolute $ Opportunity
Chapter 5 Global 2-Phenoxyethanol Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 2-Phenoxyethanol Market Size Forecast by Type
5.2.1 Cosmetic Grade
5.2.2 Pharmaceutical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 2-Phenoxyethanol Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 2-Phenoxyethanol Market Size Forecast by Applications
6.2.1 Cosmetics
6.2.2 Pharmaceuticals
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2-Phenoxyethanol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2-Phenoxyethanol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 2-Phenoxyethanol Analysis and Forecast
9.1 Introduction
9.2 North America 2-Phenoxyethanol Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 2-Phenoxyethanol Market Size Forecast by Type
9.6.1 Cosmetic Grade
9.6.2 Pharmaceutical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 2-Phenoxyethanol Market Size Forecast by Applications
9.10.1 Cosmetics
9.10.2 Pharmaceuticals
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 2-Phenoxyethanol Analysis and Forecast
10.1 Introduction
10.2 Europe 2-Phenoxyethanol Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 2-Phenoxyethanol Market Size Forecast by Type
10.6.1 Cosmetic Grade
10.6.2 Pharmaceutical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 2-Phenoxyethanol Market Size Forecast by Applications
10.10.1 Cosmetics
10.10.2 Pharmaceuticals
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 2-Phenoxyethanol Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 2-Phenoxyethanol Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 2-Phenoxyethanol Market Size Forecast by Type
11.6.1 Cosmetic Grade
11.6.2 Pharmaceutical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 2-Phenoxyethanol Market Size Forecast by Applications
11.10.1 Cosmetics
11.10.2 Pharmaceuticals
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 2-Phenoxyethanol Analysis and Forecast
12.1 Introduction
12.2 Latin America 2-Phenoxyethanol Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 2-Phenoxyethanol Market Size Forecast by Type
12.6.1 Cosmetic Grade
12.6.2 Pharmaceutical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 2-Phenoxyethanol Market Size Forecast by Applications
12.10.1 Cosmetics
12.10.2 Pharmaceuticals
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 2-Phenoxyethanol Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 2-Phenoxyethanol Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 2-Phenoxyethanol Market Size Forecast by Type
13.6.1 Cosmetic Grade
13.6.2 Pharmaceutical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 2-Phenoxyethanol Market Size Forecast by Applications
13.10.1 Cosmetics
13.10.2 Pharmaceuticals
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2-Phenoxyethanol Market: Competitive Dashboard
14.2 Global 2-Phenoxyethanol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 DOW
14.3.3 Ashland
14.3.4 Clariant
14.3.5 Lanxess
14.3.6 Schulke & Mayr GmbH
14.3.7 Zhejiang Sheng Xiao Chemicals
14.3.8 BASF
